Seller's Agent in 2025
Oliver Evans
McClure Group Realty LLC
(407) 433-0187
1 in this area
33 Total Sales
1506 Oak Tree Dr Chapel Hill, NC 27517
The Oaks Neighborhood
3
Beds
2
Baths
1,571
Sq Ft
$410/mo
HOA Fee
Highlights
- Covered Patio or Porch
- Balcony
- 1-Story Property
- Rashkis Elementary School Rated A
- Laundry Room
- Four Sided Brick Exterior Elevation
About This Home
As of February 2025Welcome to 1506 Oak Tree Drive, a beautifully remodeled 3-bedroom, 2-bathroom condo nestled in the serene Oaks community of Chapel Hill. This top-floor unit boasts vaulted ceilings and a corner fireplace, creating a bright and open living space. Sunlight pours in through expansive windows, highlighting the exposed brick accents and unique architectural details.
The primary suite features a spacious walk-in closet and a private bath, offering a comfortable retreat. Recent updates include new carpet, vinyl flooring, fresh paint, modern hardware, and contemporary light fixtures, ensuring a move-in-ready experience.
Community has a pool and clubhouse. Landscaping is covered by the HOA and the home comes with a designated parking spot
Situated in a quiet complex, this condo offers convenient access to local hotspots such as Meadowmont and East 54, as well as the University of North Carolina. Enjoy the perfect blend of tranquility and accessibility in this charming Chapel Hill home.
Last Agent to Sell the Property
McClure Group Realty LLC Brokerage Email: oevans@mccluregrouprealty.com License #338737 Listed on: 01/09/2025
Last Buyer's Agent
Non Member
Canopy Administration
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,266
Year Built
- Built in 1974
HOA Fees
- $410 Monthly HOA Fees
Parking
- Assigned Parking
Home Design
- Entry on the 2nd floor
- Four Sided Brick Exterior Elevation
Interior Spaces
- 1,571 Sq Ft Home
- 1-Story Property
- Family Room with Fireplace
Kitchen
- Oven
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Balcony
- Covered Patio or Porch
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
Community Details
- The Oaks Owners Association, Phone Number (910) 295-3791
- The Oaks Subdivision
Listing and Financial Details
- Assessor Parcel Number 9798-45-1394-101
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 9, 2025
Closed on
Feb 12, 2025
Sold by
Wirth Robert Andrew and Wirth Emily Reed
Bought by
Tico Palmer Properties Llc
Seller's Agent
Oliver Evans
McClure Group Realty LLC
Buyer's Agent
Non Member
Canopy Administration
List Price
$339,000
Sold Price
$324,500
Premium/Discount to List
-$14,500
-4.28%
Views
38
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,261
Avg. Annual Appreciation
3.13%
Purchase Details
Closed on
Sep 8, 2015
Sold by
Reznick James Steven and Kaye Donna
Bought by
Wirth Robert Andrew and Wirth Emily Reed
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
3.97%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 25, 2011
Sold by
Wisler Caroline M
Bought by
Reznick James Steven
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
4.82%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 2, 2007
Sold by
Kytle Ethan J and Roberts Kathleen Blain
Bought by
Wisler Caroline M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,400
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $324,500 | None Listed On Document | |
| Warranty Deed | $324,500 | None Listed On Document | |
| Warranty Deed | $166,000 | None Available | |
| Warranty Deed | $180,000 | None Available | |
| Warranty Deed | $170,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $148,500 | New Conventional | |
| Previous Owner | $162,000 | New Conventional | |
| Previous Owner | $136,400 | Purchase Money Mortgage | |
| Previous Owner | $90,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/18/2025 02/18/25 | Sold | $324,500 | -4.3% | $207 / Sq Ft |
| 01/25/2025 01/25/25 | Pending | -- | -- | -- |
| 01/09/2025 01/09/25 | For Sale | $339,000 | -- | $216 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,266 | $185,400 | $0 | $185,400 |
| 2023 | $3,181 | $185,400 | $0 | $185,400 |
| 2022 | $3,053 | $185,400 | $0 | $185,400 |
| 2021 | $3,015 | $185,400 | $0 | $185,400 |
| 2020 | $2,895 | $166,700 | $0 | $166,700 |
| 2018 | $2,824 | $166,700 | $0 | $166,700 |
| 2017 | $2,904 | $166,700 | $0 | $166,700 |
| 2016 | $2,904 | $170,761 | $42,098 | $128,663 |
| 2015 | $2,934 | $170,761 | $42,098 | $128,663 |
| 2014 | $2,846 | $170,761 | $42,098 | $128,663 |
Source: Public Records
Agents Affiliated with this Home
-
Oliver Evans
-
N
Buyer's Agent in 2025
Non Member
NC_CanopyMLS
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4211322
APN: 9798451394.101
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